The Microstructure of Foreign Exchange Markets 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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Frankel, Jeffrey A. (EDT)/ Galli, Giampaolo (EDT)/ Giovannini, Alberto (EDT) 作者

Univ of Chicago Pr

譯者

1996-6 出版日期

356 頁數

$ 118.65 價格

HRD

叢書系列

9780226260006 圖書編碼

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發表於2024-11-13

The Microstructure of Foreign Exchange Markets 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

The Microstructure of Foreign Exchange Markets 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

The Microstructure of Foreign Exchange Markets 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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The Microstructure of Foreign Exchange Markets 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

The Microstructure of Foreign Exchange Markets 在線電子書圖書描述

The foreign exchange market is the largest, fastest-growing financial market in the world. Yet conventional macroeconomic approaches do not explain why people trade foreign exchange. At the same time, they fail to explain the short-run determinants of the exchange rate. These essays use a microstructure approach to analyze the workings of the foreign exchange market, with special emphasis on institutional aspects and the actual behaviour of market participants. They examine the volume of transactions, heterogeneity of traders, the time of day and location of trading, the bid-ask spread, and the high level of exchange rate volatility that has puzzled many observers. They also consider the structure of the market, including such issues as nontransparency, asymmetric information, liquidity trading, the use of automated brokers, the relationship between spot and derivative markets, and the importance of systemic risk in the market.

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